EU Development Bank Boosts Funding for Ukraine Gas Supply
The European Union’s development bank has decided to provide additional funds to Ukraine’s state energy firm Naftogaz to secure natural gas supply amid continued Russian attacks on the Ukrainian energy…
Hungary’s MOL Moves to Acquire Stake in Sanctioned Serbian Refinery
Hungarian oil company MOL is close to buying an 11.3% stake in Serbia’s only refinery from its Russian owners, Serbian news outlet NIN reported on Thursday, citing sources familiar with…
Norway’s Oil Industry Raises 2026 Investment Forecast
Energy operators offshore Norway expect to invest $24.8 billion (249 billion Norwegian crowns) in oil and gas activities next year, Statistics Norway’s latest quarterly survey showed on Thursday. The estimate…
Australia’s Conservative Opposition Ditches Net-Zero Goal
Australia’s Liberal Party, the conservative opposition party, is abandoning the net-zero by 2050 target and will remove it from the country’s Climate Change Act if elected, the party leaders announced…
IEA Warns Oil Glut Will Be Worse Than Expected
The surplus on the oil market next year will be even higher than previously expected, the International Energy Agency (IEA) said on Thursday, as it raised both its demand and…
Biomethane platform RE2Sources receives UK infrastructure investor boost
UK infrastructure investor manager VisionEdgeOne has invested in Italian biomethane platform RE2Sources. VisionEdgeOne becomes a joint-controlling co-investor in the asset alongside European specialist mid-market infrastructure manager, Arjun Infrastructure Partners. The…
Nordsol joins project to build three biogas plants in Norway
Netherlands-based Nordsol has been selected by Havila Biogass to supply critical technology for three liquefied biomethane plants in Norway. At each site, organic feedstocks such as manure and fish waste…
Keeping global warming below 1.5°C ‘is no longer plausible’
Global carbon emissions from fossil fuels are projected to rise 1.1% in 2025 to 38.1 billion tonnes of CO2, according to the 2025 Global Carbon Budget released at COP30. Decarbonisation…
INOX Air Products to supply high-purity nitrogen for solar cell production
Indian industrial gas company INOX Air Products will supply ultra-high purity (UHP) nitrogen to a new 3 GW solar photovoltaic cell manufacturing facility in Madhya Pradesh. The plant will be…
INOX Air Products to supply high-purity nitrogen for solar cell production
Indian industrial gas company INOX Air Products will supply ultra-high purity (UHP) nitrogen to a new 3 GW solar photovoltaic cell manufacturing facility in Madhya Pradesh. The plant will be…
